Service sector:
Contribution in employment:
In 1951, the share of service sector in employment was 17.3%. This increased to 25.2% in 2001 and further to 27% in 2011-12.
Contribution in national income:
- In 1951, the share of service sector in national income was 30.3%. This increased “to 38% in 1980-81, 50.4% in 2000-‘01 and further to 52.7% in 2014-15.
- From such a rapid increasing share of service sector we can say that India is moving fast on the path of growth and development.
